Mothercare PLC (MTC.L) Key Developments |
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Provider : Thomson Reuters Stock Report
Provider : Reuters Investment Profile
Provider : Sadif Analytics Prime
Provider : Wright Reports

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Destination Maternity Corp withdraws proposal to combine with Mothercare

Friday, 25 Jul 2014 01:05pm EDT 

Destination Maternity Corp:That it does not intend to make an offer for Mothercare plc (Mothercare or company) and is withdrawing proposal for possible combination with Mothercare.Says on July 02, 2014, Destination Maternity made announcement confirming interest in possible combination with Mothercare and confirming submission of two non-binding written proposals for possible combination, both of which had been rejected by Board of Mothercare.This announcement was required by UK Takeover Code (Code) in light of press speculation at time regarding Destination Maternity's interest in possible combination with Mothercare. 

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